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Demand for houses, apartments and even pricey condos surges in PBC

A department store that closed in West Palm Beach is being replaced by a luxury rental apartment complex, not another retailer. The site of a former office building on the Intracoastal Waterway in Boca Raton is being transformed into a luxury condominium, where units cost millions of dollars each. And the owner of a Boynton Beach shopping center, where a large tenant shut down during the coronavirus pandemic, is working on a plan to turn part of the development into multi-family housing. The nearly year-long coronavirus pandemic decimated the county s tourism and hospitality industries, but it hasn t hurt the county s dominant real estate industry. 

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